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Deepest 150+ gram metre intercept to this point at Glenburgh Gold Venture takes Zone 126 all the way down to 800m vertical
HIGHLIGHTS:
- Lens 4 grows deeper and stronger with thickest excessive grade hit to this point at Glenburgh with 200m+ step out
- 15m at 12.7g/t gold from 850m 25GLR117 (Main 200m+ down dip extension); and
- 20m at 5g/t gold from 676m 25GLR094 (constructing out Lens 4 to the 90m to the west).
- Supported by beforehand reported 4th lens discovery gap:
- 17m at 6g/t gold from 662m 25GLR082.
- New Lens 5 discovery: drilling has intersected the interpreted Lens 5 zone,
- 2m at 16.8g/t gold from 528m 25GLR090.
- This discovery hit sits on the margin of the interpreted lens, with thicker and higher-grade mineralisation anticipated down-dip/down-plunge.
- Lenses 1-5 all stay open at depth, highlighting vital alternative so as to add additional excessive grade ounces with 12m at 3.8g/t gold from 320m 25GLR_106 intersected extending Lens 1 at depth.
- Rising subsequent high-grade discovery corridors: interpretation of regional folding structure pinpoints NE3 and Hurricane targets as the following high-grade alternatives. NE3 interpretation because the opposing fold limb of Zone 126, and Hurricane as a 1km lengthy +100ppb gold-in-soil analogue with real potential to ship Zone 126 scale discoveries.
Benz Mining Corp (TSXV: BZ,OTC:BENZF) (ASX: BNZ) (“Benz” or the “Firm”) is happy to report an extra discovery from ongoing drilling on the Zone 126 prospect inside the Glenburgh Gold Venture in Western Australia.
Determine 1. Lengthy part view wanting north of Zone 126 pattern. Proposed drilling demarcated by crosses. Present launch new intercepts in daring define. Earlier outcomes launched on 6 November 2024, 3 April 2025, 28 April 2025, 30 June 2025, 31 July 2025, 20 August 2025 and 11 September 2025.
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Benz CEO, Mark Lynch-Staunton, commented:
“Glenburgh continues to ship distinctive outcomes, and the system is clearly rising in each scale and power. Lens 4 has now pushed considerably deeper with our thickest high-grade intercept to this point, extending the system by greater than 200 metres down-dip and total to 800 metres vertical. The growth additional reinforces the robustness of this sediment, and along with our earlier Lens 4 discovery gap, it reveals Lens 4 is evolving into a significant excessive grade system with vital depth potential.
“We’re additionally extremely inspired by the preliminary intercept into the interpreted Lens 5 place, which as soon as once more validates the predictive energy of our exploration mannequin. Though this intercept sits on the very fringe of the system, we count on thicker and higher-grade mineralisation as we drill down-dip and down-plunge. Importantly, all lenses from 1 by means of 5 stay utterly open at depth, underlining the numerous alternative so as to add high-grade ounces.
“Past the quick progress round Zone 126, we at the moment are beginning to unlock the broader district-scale alternative. Ongoing structural mapping continues to outline the regional folding structure, and identifies NE3 and Hurricane as the 2 subsequent main high-grade discovery corridors. NE3 is to be examined as an opposing fold limb to Zone 126, whereas Hurricane presents a 1 km lengthy +100 ppb gold-in-soil anomaly occupying the interpreted synformal hinge place alongside strike to the SW.
“Each targets carry real potential to ship discoveries of comparable dimension and scale to the Zone 126 pattern. Historic drilling intersected high-grade mineralisation close to to floor; Benz plans to drill down-dip and down the NE-plunge of each these targets, testing positions that stay utterly open at depth. This untested upside presents a really thrilling alternative for the Venture heading into 2026.
“Momentum is constructing throughout a number of fronts and, with every new discovery, Glenburgh is shaping up as one in every of Australia’s most compelling rising gold districts.”
Zone 126 Drilling: Two Rigs Driving Steady Excessive-Grade Development
Drilling on the Glenburgh Gold Venture continues to exhibit the size potential of the Zone 126 pattern, with Lens 4 now rising deeper, thicker and higher-grade as drilling steps into beforehand untested parts of the system. A serious down-dip extension has been confirmed by gap 25GLR117, which returned 15m at 12.7g/t gold from 875m, representing a 200m+ step-out from earlier drilling. This consequence marks the best grade intercept recorded in Lens 4 to this point and offers substantial validation of the Firm’s structural mannequin at depth.
Additional help for the growth of Lens 4 comes from 25GLR094, which intersected 20m at 5g/t gold from 675m, efficiently constructing out the lens an extra 90m to the west from the unique discovery gap of 17m at 6.0g/t gold. Collectively, these new outcomes proceed to bolster the sturdy continuity of high-grade mineralisation alongside plunge and spotlight the numerous alternative to continue to grow this lens into a fabric high-grade ore shoot.
Determine 2: Collar map for launched gap with drilling highlights labelled.
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New Lens 5 Discovery
Along with the continued progress of Lens 4, drilling has now delivered the primary discovery gap within the rising Lens 5 place. Gap 25GLR090 intersected 2m at 16g/t gold from 475m, marking preliminary affirmation. Importantly, this intercept sits on the margin of the interpreted lens geometry. Based mostly on the Firm’s structural mannequin, thicker and higher-grade mineralisation is anticipated down-dip and down-plunge, the place the complete thickness of the lens is interpreted to develop.
A number of Lenses Stay Open at Depth
Lenses 1 by means of 5 all stay open at depth, with latest drilling persevering with to exhibit sturdy potential for additional high-grade extensions. Notably, 12m at 3.8g/t gold was intersected within the down-dip continuation of Lens 1, highlighting that the complete Zone 126 hall stays vastly under-tested under 400-500m depth. Every lens displays the identical plunging structural controls and beneficial host lithologies, reinforcing the chance to proceed including high-grade ounces by means of ongoing drilling.
Subsequent Excessive grade discovery centres: Hurricane & NE3 Targets.
Ongoing detailed structural mapping and interpretation of drilling outcomes continues to refine interpretations of the folded structure of mineralisation at Glenburgh, opening up quite a few alternatives for the following Zone 126 scale discovery; Hurricane and NE3 are rising as the 2 highest-priority targets (Determine 3).
The NE3 goal is being examined as an interpreted opposing (NE) fold limb to Zone 126, whereas Hurricane represents a 1 km lengthy +100 ppb gold-in-soil anomaly positioned on the interpreted synformal hinge place alongside strike to the SW. Critically, the NE3 and Hurricane targets have coherent >100 ppb gold-in-soil anomalies; the identical floor signature that has accompanied each high-grade lens found at Zone 126 to this point.
With Hurricane (1 km gold-in-soil anomaly) and NE3 (600 m gold-in-soil anomaly) targets supported by confirmed mineralisation in shallow drilling (see Determine 3 Under), we now have two standout targets- every with real potential to ship a discovery of comparable dimension and scale to the Zone 126 pattern.
The rising geological framework highlights a number of parallel and along-strike attainable repetitions of the Zone 126 mineralised place, whereas additionally focussing preliminary drilling efforts beneath these clear floor geochemical expressions.
Determine 3. Plan view of refined interpretation of regionally folded structure with new goal zones for quick drill testing. Earlier outcomes launched on 6 November 2024.
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Determine 4: Seek advice from part line A-B in determine 3. Part view wanting east with 400m clipping window.
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NE3
NE3 is a compelling discovery alternative, interpreted to be the opposing limb to mineralisation outlined at Zone 126, separated by a synformal fold hinge. A 600 m lengthy >100 ppb gold-in-soil anomaly and confirmed mineralisation from historic drilling reinforce this interpretation. Like Zone 126, earlier drilling didn’t goal the NE plunge path, or drill under ~100m depth; Benz considers these extremely beneficial mineralised positions that stay utterly open.
Historic outcomes embody 13m at 1.5 g/t gold and 6m at 2.8g/t gold. Collectively, these components place NE3 as a real Z126-scale repeat goal with vital high-grade discovery potential.
Hurricane
Hurricane is interpreted to lie alongside strike to the SW of Zone 126, in a synformal place inside the fold structure; amphibolite and biotite-rich gneissic rocks mapped at floor are analogous to Zone 126 geology. A 1km m lengthy >100 ppb gold-in-soil anomaly and confirmed mineralisation from historic drilling reinforce this interpretation. Early work suggests Hurricane might provide scale potential similar to Zone 126 itself, marking it as a compelling new progress entrance at Glenburgh in 2026. Deliberate drilling at Hurricane will observe the identical technique as Zone 126, following identified excessive grade intercepts down-dip, and down-plunge to the northeast.
Evaluating Zone 126 and Hurricane
Determine 5: Part view wanting east. Evaluating Zone 126 with Hurricane aspect by aspect. Interpolated grade shells proven.
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Determine 5 compares the latest discoveries at Zone 126 with the present state of affairs at Hurricane. At Zone 126, a small high-grade shoot reported to floor, examined by comparatively shallow historic drilling. As renewed drilling progressed down-plunge in 2025, that modest floor expression unravelled into a significant discovery, finally defining a number of thick high-grade lenses extending over greater than a kilometre of strike and persisting to greater than 800 metres vertical depth.
Hurricane is exhibiting the identical thrilling sample, with a discrete high-grade shoot at floor sitting above a 1km-long >100ppb gold-in-soil anomaly and comparable structural controls to these noticed at Zone 126. Based mostly on the success of drilling at Zone 126 in 2025, Hurricane has the potential to develop considerably with depth as drilling unfolds.
Geometric Learnings Driving Goal Refinement
Drilling in 2025 has proven that the geometry of Zone 126 mineralisation can swing from steeply NW-dipping to SE-dipping over comparatively quick distances, an unsurprising end result of the folded gneissic geology.
When drillhole instructions should not domestically optimum, and an intersection is believed to not be consultant, Benz’s workflow is particularly designed to answer this by overview of downhole structural measurements and geology, and follow-up focusing on of drillholes from extra optimum positions.
When this occurs, a drillhole might skim the sting of the ore lens reasonably than lower by means of its thicker, higher-grade core. These “close to misses” can seem at first look as lower-grade intercepts, however more and more we recognise them as worthwhile geometric indicators reasonably than true limits to mineralisation. This can be a extremely encouraging commentary, because it means most of the gaps or lower-grade intersections inside the broader pattern doubtless mirror orientation swings, not geological breaks, supporting the interpretation of a extra steady and substantial high-grade system. We then modify drill orientation to re-target the center of the system.
This strategy ensures that each side of any obvious hole are examined and provides us sturdy confidence that we’re effectively defining the true dimension, grade continuity and geometry of the high-grade lenses. Many of those obvious breaks at the moment are seen as missed alternatives reasonably than true boundaries, highlighting the potential for additional progress as drilling continues.
Geological work replace
Detailed structural mapping and multielement evaluation of gneissic rocks is progressively revealing the controls on mineralisation at Glenburgh. The presence of a number of completely different phases of metamorphosed mafic rocks together with porphyritic/porphyroblastic and attainable differentiated mafic sills, together with metasedimentary sequences factors in direction of a greenstone-like succession from the Paleoproterozoic or late Archean, now overprinted by high-grade metamorphism.
Work is underway to find out the origin and extent of those greenstones and establish any additional previously-unrecognised alternatives within the wider Gascoyne area. A program of detailed laboratory work to additional perceive this enigmatic orebody is within the pipeline for 2026.
Glenburgh – A New Frontier Gold District
The 100%-owned Glenburgh Gold Venture is quickly rising as a brand new frontier gold district with multi-million-ounce potential. Positioned in Western Australia’s Gascoyne area, Glenburgh hosts an 18-20 kilometre mineralised hall anchored by the large-scale Icon-Apollo pattern and the high-grade Zone 126 system.
Glenburgh’s distinctive mixture of thick, bulk-style gold mineralisation (Icon-Apollo) and a number of high-grade underground lenses (Zone 126) positions it as a uncommon alternative within the Australian gold sector. With gold costs at file ranges, the power to develop each large-scale open pit and underground operations presents distinctive leverage and progress potential.
Determine 6. Geological overview of the Glenburgh Gold Venture.
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– END –
This announcement has been permitted for launch by the Board of Benz Mining Corp.
About Benz Mining Corp.
Benz Mining Corp. (TSXV: BZ,OTC:BENZF) (ASX: BNZ) is a pure-play gold exploration firm dual-listed on the TSX Enterprise Alternate and Australian Securities Alternate. The Firm owns the Eastmain Gold Venture in Quebec, and the not too long ago acquired Glenburgh and Mt Egerton Gold Initiatives in Western Australia.
Benz’s key level of distinction lies in its group’s deep geological experience and the usage of superior geological methods, notably in high-metamorphic terrane exploration. The Firm goals to quickly develop its world useful resource base and solidify its place as a number one gold explorer throughout two of the world’s most prolific gold areas.
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For extra info, please go to: https://benzmining.com/.
Certified Individual’s Assertion (NI 43-101)
The disclosure of scientific or technical info on this information launch is predicated on, and pretty represents, info compiled by Mr Mark Lynch-Staunton, who’s a Certified Individual as outlined by NI 43-101 and a Member of Australian Institute of Geoscientists (AIG) (Membership ID: 6918). Mr Lynch-Staunton has reviewed and permitted the technical info on this information launch. Mr Lynch-Staunton owns securities in Benz Mining Corp.
Ahead-Trying Statements
Statements contained on this information launch that aren’t historic details are “forward-looking info” or “ahead wanting statements” (collectively Ahead-Trying Data) as such time period is utilized in relevant Canadian securities legal guidelines. Ahead-Trying Data contains, however isn’t restricted to, disclosure concerning the exploration potential of the Glenburgh Gold Venture and the anticipated advantages thereof, deliberate exploration and associated actions on the Glenburgh Gold Venture. In sure instances, Ahead-Trying Data might be recognized by means of phrases and phrases or variations of such phrases and phrases or statements reminiscent of “anticipates”, “full”, “develop into”, “expects”, “subsequent steps”, “commitments” and “potential”, in relation to sure actions, occasions or outcomes “might”, “might”, “will”, “would”, be achieved. In getting ready the Ahead-Trying Data on this information launch, the Firm has utilized a number of materials assumptions, together with, however not restricted to, that the accuracy and reliability of the Firm’s exploration thesis in respect of extra drilling on the Glenburgh Gold Venture will likely be in keeping with the Firm’s expectations based mostly on accessible info; the Firm will have the ability to increase extra capital as mandatory; the present exploration, growth, environmental and different goals in regards to the Firm’s Initiatives (together with Glenburgh and Mt Egerton Gold Initiatives) might be achieved; and the continuity of the worth of gold and different metals, financial and political circumstances, and operations.
Ahead-looking info is topic to quite a lot of dangers and uncertainties and different elements that would trigger plans, estimates and precise outcomes to range materially from these projected in such forward-looking info. Elements that would trigger the forward-looking info on this information launch to alter or to be inaccurate embody, however should not restricted to, the early stage nature of the Firm’s exploration of the Glenburgh Gold Venture, the danger that any of the assumptions referred to show to not be legitimate or dependable, that occurrences reminiscent of these referred to above are realized and end in delays, or cessation in deliberate work, that the Firm’s monetary situation and growth plans change, and delays in regulatory approval, in addition to the opposite dangers and uncertainties relevant to the Firm as set forth within the Firm’s steady disclosure filings filed underneath the Firm’s profile at www.sedarplus.ca and www.asx.com.au. Accordingly, readers mustn’t place undue reliance on Ahead-Trying Data. The Ahead-looking info on this information launch is predicated on plans, expectations, and estimates of administration on the date the knowledge is offered and the Firm undertakes no obligation to replace these forward-looking statements, apart from as required by relevant regulation.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ACCURACY OR ADEQUACY OF THIS RELEASE.
Appendix 1: Collar Desk. Coordinates system: GDA94/MGA Zone 50
| Gap ID | Easting | Northing | Elevation | Dip | Azimuth | Finish Depth |
| 25GLR_137 | 414925 | 7193989 | 328 | -60 | 132 | 650 |
| 25GLR_117 | 414996 | 7194147 | 331 | -65 | 136 | 876 |
| 25GLR_094 | 415208 | 7193521 | 327 | -63 | 330 | 768 |
| 25GLR_092 | 415362 | 7193605 | 328 | -61 | 325 | 745 |
| 25GLR_090 | 415581 | 7193641 | 326 | -65 | 331 | 762 |
| 25GLR_087 | 415363 | 7193604 | 328 | -65 | 313 | 852 |
Appendix 2: Important Intercepts Tables.
Excessive Grade Intercepts: A nominal 0.5g/t Au decrease lower off has been utilized to outcomes, with as much as 5m inner dilution utilized until in any other case acknowledged.
| Gap ID | From | To | Au_ppm | Size | Feedback |
| 25GLR_117 | 40 | 50 | 1.04 | 10 | |
| 25GLR_117 | 64 | 68 | 1.68 | 4 | |
| 25GLR_117 | 837 | 840 | 2.08 | 3 | |
| 25GLR_117 | 850 | 865 | 12.75 | 15 | Lens 4 |
| 25GLR_106 | 231 | 235 | 2.44 | 4 | |
| 25GLR_106 | 246 | 251 | 0.68 | 5 | |
| 25GLR_106 | 268 | 275 | 0.91 | 7 | |
| 25GLR_106 | 294 | 297 | 1.68 | 3 | |
| 25GLR_106 | 305 | 308 | 0.53 | 3 | |
| 25GLR_106 | 311 | 318 | 1.76 | 7 | |
| 25GLR_106 | 320 | 332 | 3.78 | 12 | Lens 1 |
| 25GLR_137 | 486 | 501 | 1.02 | 15 | |
| 25GLR_137 | 548 | 551 | 0.85 | 3 | |
| 25GLR_137 | 572 | 575 | 3.88 | 3 | |
| 25GLR_137 | 598 | 603 | 1.46 | 5 | |
| 25GLR_094 | 676 | 696 | 5.00 | 20 | Lens 4 |
| 25GLR_094 | 735 | 741 | 0.6 | 6 | |
| 25GLR_092 | 210 | 214 | 2.05 | 4 | |
| 25GLR_092 | 557 | 561 | 0.84 | 4 | |
| 25GLR_090 | 528 | 530 | 16.8 | 2 | Lens 5 |
| 25GLR_087 | 234 | 243 | 0.53 | 9 | |
| 25GLR_087 | 719 | 731 | 0.94 | 12 | |
| 25GLR_087 | 735 | 738 | 1.15 | 3 | |
| 25GLR_087 | 806 | 814 | 1.02 | 8 |
Appendix 3: JORC Tables
JORC Code, 2012 Version – Desk 1 report template
Part 1 Sampling Strategies and Knowledge
(Standards on this part apply to all succeeding sections.)
| Standards | Commentary |
| Sampling methods |
|
| Drilling methods |
|
| Drill pattern restoration |
|
| Logging |
|
| Sub-sampling methods and pattern preparation |
|
| High quality of assay knowledge and laboratory checks |
|
| Verification of sampling and assaying |
|
| Location of knowledge factors |
|
| Knowledge spacing and distribution |
|
| Orientation of knowledge in relation to geological construction |
|
| Pattern safety |
|
| Audits or evaluations |
|
Part 2 Reporting of Exploration Outcomes
(Standards listed within the previous part additionally apply to this part.)
| Standards | Commentary |
| Mineral tenement and land tenure standing |
|
| Exploration completed by different events |
|
| Geology |
|
| Drill gap Data |
|
| Knowledge aggregation strategies |
|
| Relationship between mineralisation widths and intercept lengths |
|
| Diagrams |
|
| Balanced reporting |
|
| Different substantive exploration knowledge |
|
| Additional work |
|

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